Lodha Developers Limited has announced the acquisition of the remaining 20% stake in Bellissimo Infratech Private Limited (formerly Solidrise Realty Private Limited). This strategic move makes Bellissimo Infratech a wholly-owned subsidiary of Lodha Developers. The acquisition is part of the company’s growth strategy for the Pune region, with the transaction expected to be completed by September 1, 2026, for a consideration of ₹73.52 crore.
Lodha Developers Completes Full Ownership of Bellissimo Infratech
Lodha Developers Limited has successfully acquired the remaining 20% stake in its subsidiary, Bellissimo Infratech Private Limited. This acquisition, finalized on August 31, 2026, transitions Bellissimo Infratech into a wholly-owned subsidiary of Lodha Developers. The previous communication regarding this transaction was dated February 14, 2026.
Strategic Rationale and Financials
The strategic intent behind this acquisition is to bolster Lodha Developers’ growth initiatives, particularly within the Pune region. Bellissimo Infratech Private Limited, operating in the real estate sector, was incorporated on March 21, 2025. For the financial year ended March 31, 2026, the company reported a turnover of NIL, as its business operations had not yet commenced. As of March 31, 2026, Bellissimo Infratech’s net worth was reported at ₹97.30 crore.
Transaction Details
The acquisition involved a cash consideration of ₹73.52 crore. The company has confirmed that this transaction is not a related party transaction and does not involve any interest from promoters or promoter group companies, ensuring the deal is conducted at an arm’s length. No governmental or regulatory approvals were required for this particular acquisition. The indicative timeline for the completion of this transaction was set for September 1, 2026.
This information is also available on the company’s website at www.lodhagroup.com.
Source: BSE
